Deutsche Bank Sets Bond Offer
To Finance Bankers Trust Deal

LONDON -- Deutsche Bank AG came to market with the first ever large-scale offering of convertible bonds denominated in euros.

The issue, up to 1.5 billion euros of five-year convertibles, will help finance Deutsche Bank's 17-billion-mark ($10.12 billion) acquisition of Bankers Trust Corp. The financing comes on the heels of about $700 million of fund-raising last week and means Deutsche Bank already has raised about 25% of the Bankers...